Scooter’s Coffee | 20 Year NNN | Tampa MSA

GROWING COMPANY WITH OVER 800+ LOCATIONS THROUGHOUT THE USA | STRONG UNIT ECONOMICS

• Scooter’s Coffee now has 800+ stores operating across the US and has commitments to open stores in a total of 30 states as of 2024.
• Subject Property will be completed and open for business in June 2025.
• Average store sales (AUV’s) for Scooter’s Coffee range from $850,000 to some locations with sales north of $1.5MM.
• Average EBITDA margins for Scooter’s franchisees range from 16%-22%, significantly higher than most other QSR brands. The high EBITDA margins allow for high profitability.

PRIME REAL ESTATE IN LARGE CITY WITH STRONG TRAFFIC COUNTS | NEIGHBORING OTHER NATIONAL RETAILERS

• Property boasts a highly visible and easily accessible location on 4th Street N with 20,000 VPD.
• Strategic placement of the property guarantees substantial customer traffic and visibility, establishing a robust foundation for Scooter’s Coffee to thrive.
• The property is immediately surrounded by other national retailers including Chic Fil-A, Wal-Mart, McDonald’s, Taco Bell, Publix , Panda Express, Chipotle, Starbucks.
• Large Population of 160k people within 5 Mile radius of the subject property.

NEW CONSTRUCTION | 20 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE | ZERO LANDLORD RESPONSIBILITIES

• Brand New Absolute Triple Net (NNN) Lease.
• Zero Landlord Responsibilities – Tenant to Pay Tax, Insurance, and Maintenance.
• 20 Year Original Lease Term starting at the Close of Escrow.
• The Lease Features Attractive Rental Increase of 10% Every 5 Years.
• Absolute Triple Net Lease that provides as a hedge against inflation.

FRANCHISEE GUARANTEE | LOW RENT TO SALES RATIO

• Lease is guaranteed by the franchise entity with plans to open multiple stores throughout the Florida Market.
• Rent to sale ratio of 10.5% based on projected 2025 sales numbers.